Higher Temperatures Increase Demand, Price

August 6, 2012

Above-average summer temperatures in New England have increased electricity demand for cooling, thereby driving up the price of power. Temperatures in the second half of June, on average in July, and so far in August this summer have been above average. AccuWeather Inc. reports on its website that temperatures in July have been consistently above […]

EarlyBird Power Partnership on Carbon Offset

(Pacific Palisades, Calif.) – For the third year, Teton Gravity Research (TGR) and Protect Our Winters (POW) have partnered to offset the carbon footprint of TGR’s filming. This year’s offsets represent the entire carbon output from all activities emitted during the film production process, which includes global commercial travel, helicopter and snow machine use. A […]

Natural Gas Declines Due to Higher Inventories

August 2, 2012

The Energy Information Administration’s (EIA’s) weekly natural gas update Thursday reported an above-expectations increase in inventories, causing natural gas futures to decline below $3 for the first time in two weeks. A 28 billion cubic feet (Bcf) increase occurred in the week of 7/20-7/27 from 3,189 Bcf to 3,217 Bcf. This figure is up 17.2 […]

Lower Natural Gas Supply Gives Coal Hope

July 16, 2012

Despite the recent trend which suggests that natural gas production is on the rise and coal may never recover, the opposite may be the case. The root of this possible reversal lies in the huge difficulty of accurately measuring the natural gas reserve. There is massive uncertainty with regard to the natural gas supply; only […]

Is Coal Dead?

July 13, 2012

In the wake of Patriot Coal’s filing for bankruptcy on Monday, other coal stocks have plummeted. James River Coal (JRCC) began the week at $3.47 and dropped a whopping 42.7 % to $1.99 at the market’s close on Friday, Alpha Natural Resources (ANR) started the week at $8.71 and ended at $7.63, Peabody Energy Corp […]

EIA Reports Increase in Natural Gas

July 6, 2012

In their usual weekly report, the U.S. Energy Information Administration reported today that last week natural gas in underground storage increased by 1.27 percent (by 39 billion cubic feet, from 3,063 Bcf on 6/22 to 3,102 Bcf on 6/29). The natural gas stock is now 24.1 percent above last year’s total (2,500 Bcf) and 22.7 […]

Tropical Storm Debby Increases Natural Gas Prices

June 26, 2012

Debby, the first tropical storm of 2012, has shut down nearly a quarter of oil and natural gas production in the Gulf of Mexico. In doing so, present and future natural gas prices have increased. Since the storm is characterized by relatively stationary heavy rains (it was moving at about 3 miles per hour as […]

Low Priced Competitive Electricity Agreements

June 18, 2012

A Commercial or Industrial Business’s Electricity Costs can be very closely correlated to the price of Natural Gas. In areas of the country that are primarily supplied by Natural Gas, like the Northeast, the Price of Electricity = (Price of Natural Gas x Heat Rate) + Retail Adder, ( the additional premium to Suppliers charge […]

Coal based Electricity Generation Falls by 20%

May 30, 2012

The official electric generation data for the first quarter of 2012 are in.http://www.eia.gov/forecasts/steo/pdf/steo_full.pdf. Coal only provided 36% of America’s electricity in the first quarter, down from 44.6% in the first quarter of 2011.  That equates to a 20% loss of coal’s electricity generation market share in one year. Coal’s loss was natural gas’s gain.  Natural gas jumped 8 […]

NSTAR Commercial and Industrial Service Rates

May 17, 2012

  NSTAR annaounced rates July-December 2012 $/kWh Commercial, Street LightingFixed Price Option (July – December): 6.686 Monthly Variable Price OptionJuly: 6.738August: 6.700September: 6.173October: 6.200November: 6.447December: 7.796 Industrial (NEMA)Fixed Price Option (July – September): 5.550 Monthly Variable Price OptionJuly: 5.695August: 5.629September: 5.300 Industrial (SEMA)Fixed Price Option (July – September): 5.362 Monthly Variable Price OptionJuly: 5.545August: 5.461September: […]